Topic

fahax'shesin
husbard!S eldet An ndex
the The OdINTRODCTON
descended
ase Hhe Can Hirdu HINDUTO
Huf
copascon day- Stion Hindo cxtaledaughiess Undiuided
consiss rom
Hof, to- Undivided Qn
23) famiy
of a
HUE Onile oday HUF com0n
theiYaais q the
heAccount farmily Qd lHUe)
COntnoing
tettgn
Even the nOR
koxte is Qet
fotstS of Iome- UNDIVIDED
AMILY
InStero, Cosiss
Nomsex teated deseondantsFor
COxtain
he
to no o Date
HUe HE tex
he IS PAN) as eaxotion al
ualy A, a persons
Onco
a Children
oarcont ard_ios peYSOn
961 in
a
daualae te ieceiy
Ox
Topic Date.

FEATURES

FoTnation
Joiat Hiáu lomiy Cant be

Cane ito ex\gtenco hecauee y the peoton o

Hindu SKceseiOn

Wemheship
IE xeQuixes minlaum oq 2 feopo jot oast cno nralo
memhe

s the eldox mlo mennhex o famiy cono

COntols ard mavO¢s the husine
’
o- PAe NERS

lniexsk in the ioint poopy f te

Thee iS no lont lox momheX ship hecause.

nernherhip is b bixth
 Date
Topic

MINOR MeMeERS
rdiucal ivto t e usiress Ocs
the insion o an
d to bih in a Hindu Undivide omi

BUSINeg SECRECY
CRr in e
These iS_ a Qaeot deal o buginess
Oxganisotion

Secsels aR knoOn tohe c PARCeNE RS

The business
in Qenoal ad KARTA in poAiculax
t is nok cbliotoy YY them to publ sh theY
Oceounts Onich xes in

HUE AR A PARTNLR IS A PARNERSUIP FRm:

to becoe a pa ina tMHsnip

natul
Sinco HUA
3egntzed as person by the \ao
"peson', bt ony Qoup exson helongin
ne
to he Samo {amly Qd c a i

HOE rs no sepesale etiy enfosco its.

xints, uJAUEOS, a HUE, nos to he necsamy epsen
momhe ox enßoxCao
 Topic. Date.

LIABILITY
The iabiimy al the KARTA ig nrited Caue ne
Is he ony decidirg authoxtts ones tre iatility
0f Co- PARCeNERS ig limite uto tex Shoe in tae

SHARIN Op PROLT AND 108SES

Acodinq to Hidu SuCesion Act 1956,Ou He membeY

o Hindu Urdivided famiue haue equal qnts to Sha
the oih as weu as loces cf the usiness

CONTRO1
Hae cOnhol of tthe amiy ieA oita tthe kaxe e
tOkea cau the decieion ar authonze t0
haoge e
hsinesS

ONTNNOTY AND STASILTY

This

ar hecame
bueineg, thern
incapabo
he
roraang the
Succeedla c0- PARCENERS
kARTA.

os
Topic.

weath TaX
o TAXATION 196/" he At") taeates
Incomotax Act, ("HOF) 1s
(HOE)
(hcaxdiq to the divided
oivided amy
Fomi taxtion
a Hindu
Hinde puYpose
Act 19S7, pesson foY the
sepesate ekctiw
as a onsdoziq
Louexd by
ncene can be Shuctt
Tox
plannng unoos HOE tOxe În spect
Jok (annot be
menes
HUE

lnomo
Seutal em
etc
y Ohih
ThOo my be dividevd lnconne menhex
aqzialtusal Income,
aa
Couo be

JncorO
fami
Topic.
Date

RESIDENTAL STAUS OE HUE

The xesidenta Sletus o Peors Otaor ton the

rdividual ig eed on the ploce he HUf iS Said to
be esdent i the cono and moraopment a 1ts
A HUR is Said

ig oid to be NOn- ReSiderl 4 he conhmi ad

vdio

Tho seesidentia Sketus o kote hels us to deromine

tho Jesidenhal Setus o HOE In Hindu Undiuded
Fomis the kose playthe Impoxat o Siatus D
the koxk dotemmies ohotnos it is eAden- and
Odiranly sdent r esident but nok dirar
seAdent

Vho kax e is xesiden ard odiroyeosiden

Hhern he HOf is sesidert ard Oxivom sesident

hey HUR is ide

Topic
Date

Additiona cordiions or Kox la oY deeninng the

eSdenia Sletus of HUE

KOxta ha heer Resident in ndia in at laat2

penod of 30 as ox moe

peiow yeass